{"id":58362,"date":"2017-11-28T16:15:39","date_gmt":"2017-11-28T21:15:39","guid":{"rendered":"http:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/"},"modified":"2017-11-28T16:15:39","modified_gmt":"2017-11-28T21:15:39","slug":"uks-brexit-divorce-bill-could-top-50bn","status":"publish","type":"post","link":"https:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/","title":{"rendered":"UK&#8217;s Brexit &#8216;Divorce&#8217; Bill Could Top \u00a350bn"},"content":{"rendered":"<p><b>UK&#8217;s Brexit &#8216;Divorce&#8217; Bill Could Top \u00a350bn<\/b><br \/>\nBritain and the EU have reached agreement on a Brexit divorce bill that could see the UK having to find more than\u00a0\u00a350bn to quit the EU,\u00a0two reports from Brussels have said.<\/p>\n<p>The Daily Telegraph reported on Tuesday the cost of the settlement will be between \u00a342bn and \u00a352bn, and an agreement-in-principle was reached last week.<\/p>\n<p>This was followed by a Guardian report, also citing sources from Brussels, suggesting the final figure could reach\u00a0\u00a357bn.<\/p>\n<p>Agreement on the tab is key as it would signal that the UK and the EU are moving much closer to a deal at a December summit that would allow them to move onto discussions of post-Brexit trade.<\/p>\n<p>Downing Street has previously dismissed the idea of paying up to \u00a336bn.<\/p>\n<p>The Guardian reported sources were being careful not to get over-excited about talks moving on at the meeting of EU\u2019s leaders next month, mainly thanks to a rift between the UK and Ireland over the prospect of a \u2018hard\u2019 border between the two countries.<\/p>\n<p>Liberal Democrat Leader Vince Cable said:<\/p>\n<p>\u201cIf these numbers are correct, it means we\u2019re paying a heavy price to leave an institution that has benefitted the country for decades.\u00a0           \u201cThe Brexiters said we\u2019d get \u00a3350m a week for the NHS, instead we face a financially damaging divorce settlement.\u00a0 \u201cThe true cost of Brexit is becoming clearer by the day. \u201cThis underlines why people should have a referendum on the final deal with the option of an Exit from Brexit.\u201d<br \/>\nReuters reported the European Commission declining to comment on the report but a British government official said he did \u201cnot recognize\u201d the newspaper\u2019s account.<\/p>\n<p>In any case, the pound rallied around 1 percent against the US dollar on the first report, though they soon flattened.<\/p>\n<p>The includes the UK\u2019s liabilities as a member state, including the seven-year budget ending in 2020, pension costs and outstanding loans.<\/p>\n<p>The two sides already believe they are quite close on agreeing the scope of rights for expatriate citizens in Britain and on the continent.<\/p>\n<p>British Prime Minister Theresa May is due to meet President of the European Commission Jean-Claude Juncker and European Union Brexit negotiator Michel Barnier on Monday.<\/p>\n<p>The EU says any British move needs to come by around that date if leaders meeting at the December summit are to be able to endorse a move to a new phase of talks, to include future trade relations.<br \/>\n<br \/>\n<a href=\"http:\/\/www.huffingtonpost.co.uk\/entry\/brexit-divorce-bill_uk_5a1db540e4b056995022f66a\" class=\"autohyperlink\">www.huffingtonpost.co.uk\/entry\/brexit-divorce-bill_uk_5a1db540e4b056995022f66a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK&#8217;s Brexit &#8216;Divorce&#8217; Bill Could Top \u00a350bn Britain and the EU have reached agreement on a Brexit divorce bill that could see the UK having to find more than\u00a0\u00a350bn to quit the EU,\u00a0two reports from Brussels have said. The Daily Telegraph reported on Tuesday the cost of the settlement will be between \u00a342bn and \u00a352bn, &hellip; <a href=\"https:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">UK&#8217;s Brexit &#8216;Divorce&#8217; Bill Could Top \u00a350bn<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2466,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[],"class_list":["post-58362","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK&#039;s Brexit &#039;Divorce&#039; Bill Could Top \u00a350bn - GAYFRIENDSCHAT.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK&#039;s Brexit &#039;Divorce&#039; Bill Could Top \u00a350bn - GAYFRIENDSCHAT.com\" \/>\n<meta property=\"og:description\" content=\"UK&#8217;s Brexit &#8216;Divorce&#8217; Bill Could Top \u00a350bn Britain and the EU have reached agreement on a Brexit divorce bill that could see the UK having to find more than\u00a0\u00a350bn to quit the EU,\u00a0two reports from Brussels have said. The Daily Telegraph reported on Tuesday the cost of the settlement will be between \u00a342bn and \u00a352bn, &hellip; Continue reading UK&#8217;s Brexit &#8216;Divorce&#8217; Bill Could Top \u00a350bn &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/\" \/>\n<meta property=\"og:site_name\" content=\"GAYFRIENDSCHAT.com\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-28T21:15:39+00:00\" \/>\n<meta name=\"author\" content=\"GayFriendschat.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@gayfriendschat\" \/>\n<meta name=\"twitter:site\" content=\"@gayfriendschat\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GayFriendschat.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.gayfriendschat.com\\\/socialblog\\\/uks-brexit-divorce-bill-could-top-50bn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.gayfriendschat.com\\\/socialblog\\\/uks-brexit-divorce-bill-could-top-50bn\\\/\"},\"author\":{\"name\":\"GayFriendschat.com\",\"@id\":\"https:\\\/\\\/www.gayfriendschat.com\\\/socialblog\\\/#\\\/schema\\\/person\\\/181913201d50f65b9bba7437f822a17f\"},\"headline\":\"UK&#8217;s Brexit &#8216;Divorce&#8217; 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The Daily Telegraph reported on Tuesday the cost of the settlement will be between \u00a342bn and \u00a352bn, &hellip; Continue reading UK&#8217;s Brexit &#8216;Divorce&#8217; Bill Could Top \u00a350bn &rarr;","og_url":"https:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/","og_site_name":"GAYFRIENDSCHAT.com","article_published_time":"2017-11-28T21:15:39+00:00","author":"GayFriendschat.com","twitter_card":"summary_large_image","twitter_creator":"@gayfriendschat","twitter_site":"@gayfriendschat","twitter_misc":{"Written by":"GayFriendschat.com","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/#article","isPartOf":{"@id":"https:\/\/www.gayfriendschat.com\/socialblog\/uks-brexit-divorce-bill-could-top-50bn\/"},"author":{"name":"GayFriendschat.com","@id":"https:\/\/www.gayfriendschat.com\/socialblog\/#\/schema\/person\/181913201d50f65b9bba7437f822a17f"},"headline":"UK&#8217;s Brexit &#8216;Divorce&#8217; 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